Exhibit 10.48    

[Letterhead of The Coca-Cola Company]

COCA-COLA PLAZA

ATLANTA, GEORGIA

ALEXANDER B. CUMMINGS		ADDRESS REPLY TO:
EXECUTIVE VICE PRESIDENT AND		PO BOX 1734
CHIEF ADMINISTRATIVE OFFICER		ATLANTA, GA 30301
		404 676-6926
		FAX: 404 515-2411

 

October 14, 2015

Mr. Bernhard Goepelt

The Coca-Cola Company

Atlanta, Georgia

Dear Bernhard,

Under our standard program and policies related to expatriate employees, this letter informs you that you will be localizing to the United States effective January 1, 2016.

You will cease to be a participant in the International Service program at that time. In accordance with the terms of the localization policy, you will receive standard transition allowances under the program.

Localizing to the United States will not otherwise impact your compensation. Should you have any questions, please contact Allison O’Sullivan at 404-676-8318 or via email at aosullivan@coca-cola.com.

As always, I thank you for your dedication to the Company.

Sincerely,

/s/ Alex Cummings